Databricks to Acquire Neon for $1 Billion; TensorWave Secures $100M for AI Infrastructure Expansion
Key Takeaways
- Databricks is acquiring Neon for $1 billion to enhance AI data management.
- TensorWave raised $100M to scale AI infrastructure with AMD-powered GPUs.
- Le Monde partners with Perplexity to enhance search and AI product development.
- Google AI Futures Fund is accepting applications from startups using DeepMind tools.
Top Stories
Databricks to acquire Neon for $1 billion
On 2025-05-14, it was reported that Databricks is set to buy startup Neon for $1 billion to boost AI-driven data management.
TensorWave raises $100M to scale AI infrastructure
On 2025-05-14, Las Vegas-based AI infrastructure startup TensorWave announced a $100 million Series A funding round led by Magnetar and AMD Ventures. The funding will be used to scale operations, expand the team, and deploy AMD-powered GPU clusters for AI model training, with CEO Darrick Horton aiming to democratize access to AI compute.
Le Monde partners with Perplexity to enhance search
On 2025-05-14, French newspaper Le Monde partnered with U.S.-based AI company Perplexity, granting access to its content to improve Perplexity's search engine. Le Monde will use Perplexity's technology for AI product development, supporting publishers featured in Perplexity's answers; Perplexity has agreements with over a dozen media partners.
Google AI Futures Fund accepting applications from startups
Launched on May 12, 2025, Google's AI Futures Fund is now accepting applications from AI startups building with Google DeepMind's AI tools. Viggle and Toonsutra have already participated in the program.
Market Movers
Anthropic and Google secure Harvey as user
On 2025-05-14, it was reported that Anthropic and Google have secured OpenAI-backed Harvey as a user.
Tech Breakthroughs
Forbes: AI redefining startup growth via autonomous businesses
On 2025-05-13, Forbes published an article by Gary Drenik discussing how AI is redefining startup growth through the rise of autonomous businesses.